Bitcoin to below $100,000 now possible as BTC flashes death cross

Bitcoin’s (BTC) attempt to reclaim the $110,000 mark appears to have stalled, with technical indicators suggesting a possible correction may be underway. In this case, Bitcoin is facing strong resistance near the descending trendline around $109,000. This level has opened the door for a potential pullback below the psychological $100,000 threshold, according to a June 30 analysis by crypto analyst Ali Martinez. The most concerning signal comes from the Stochastic RSI, which has flashed a bearish death cross, a pattern that occurs when the fast stochastic line crosses below the slow line in overbought territory source: https://finbold.com/bitcoin-to-below-100000-now-possible-as-btc-flashes-death-cross/